I'm thinking of buying a practice, after I eventually get through residency. Sure hope I get in somewhere for residency... Anyways, I have an opportunity all lined up with relative that is going to retire when I'm done and I am going to buy his practice. A few questions for those much more knowledgable than I. 1. He makes about $600,000 a year. How much do you think it would cost to buy his practice? We haven't discussed cost yet. I think he will give me an okay deal. I don't know the number of patients he has, but it seems he consistently sees around 120 people per week in clinic and has 2 surgery days. Pretty busy (At least I think that's busy). 2. How many patients would I expect to lose when I buy the practice? 20%? It just seems you would lose a lot of patients that just wouldn't trust a young doctor.